Alpaca raises $150 million in a Series D round led by Drive Capital, achieving a $1.15 billion valuation. The funding supports their mission to create seamless securities trading capabilities.

Alpaca, a leading fintech, has successfully raised $150 million in its Series D funding round, led by Drive Capital. This funding has pushed the company's valuation to $1.15 billion, marking its emergence as a key player in digital financial infrastructure. With this capital, Alpaca aims to enhance its offerings in seamless securities trading capabilities. The company now supports over 10 million brokerage accounts through its partnerships across more than 40 countries.